Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.691%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$2712.709% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.638%+$64 · spread now −0.691%, 7d avg −0.017%
=Funding pays, the price is against you. Bybit is 0.673% cheaper against Bitget than usual: you would sell low and buy high (spread −0.691% now, against its 7-day average of −0.017%). If the spread goes back, that is −$67 on $10k: about 30 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KLACUSDT | 183.86 | −0.0074 | get 0.0074% / 8h | 2h 38m | $703K | $165K | 20x |
| Short | Bybit KLACUSDT | 182.59 | 0 | get 0.0000% / 8h | 2h 38m | $308K | $718K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.54
- Price spread: −0.691% → −0.017%
- −$67.34
- Slippage, 4 orders
- −$247.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$322.68
- Costs to cover
- 2.709%
- Break-even
- 152.3 days
Slippage from Bitget: live order book, 7 min ago; Bybit: live order book, 47 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 7 min ago | 8.17 bp | 21.9 bp −$22 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 47 min ago | 6.80 bp | 92.8 bp −$93 | 201.6 bp −$2,016 | doesn't fit | doesn't fit |
KLAC on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KLACUSDTlong | −0.0074% | 8h | 183.86 | long leg | $703K | $165K | 20x | |
| Binance KLACUSDT | 0.0000% | 8h | 182.73 | −0.615% | $1.2M | $1.3M | 20x | as long as short |
| Bybit KLACUSDTshort | 0.0000% | 8h | 182.59 | −0.691% | $308K | $718K | 25x | |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.89 | −0.528% | $386K | $263K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 182.52 | −0.729% | $466K | $41K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.98 | −0.478% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.62 | −0.677% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.62 | −0.674% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.67 | −0.647% | $203K | $929K | 20x | as long as short |
| HTX KLAC-USDT | +0.0100% | 8h | 182.95 | −0.495% | $9K | $352K | 10x | as long as short |
Bitget KLACUSDT
Bybit KLACUSDT
Binance KLACUSDT
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
KuCoin KLACUSDTM
HTX KLAC-USDT